Insights into NextEra Energy's Upcoming Earnings

NextEra Energy (NYSE:NEE) will release its quarterly earnings report on Wednesday, 2024-10-23. Here's a brief overview for investors ahead of the announcement.

Analysts anticipate NextEra Energy to report an earnings per share (EPS) of $0.95.

NextEra Energy bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Earnings History Snapshot

During the last quarter, the company reported an EPS missed by $0.02, leading to a 2.61% drop in the share price on the subsequent day.

Here's a look at NextEra Energy's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

0.98

0.73

0.49

0.88

EPS Actual

0.96

0.91

0.52

0.94

Price Change %

-3.0%

1.0%

1.0%

2.0%

NextEra Energy Share Price Analysis

Shares of NextEra Energy were trading at $84.03 as of October 21. Over the last 52-week period, shares are up 48.6%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

Analyst Views on NextEra Energy

For investors, grasping market sentiments and expectations in the industry is vital. This analysis explores the latest insights regarding NextEra Energy.

Analysts have provided NextEra Energy with 11 ratings, resulting in a consensus rating of Outperform. The average one-year price target ...